Chimera Announces Signing of Third Gaming Licensee.Business Editors LAS VEGAS--(BUSINESS WIRE)--April 13, 2004 Chimera Technology Corp. ("Chimera") (Pink Sheets: CNOC CNOC Cartoon Network Orbit Ctoons (website) CNOC Commission on Nomenclature of Organic Chemistry CNOC China National Oil Corporation CNOC Commander, Naval Oceanography Command CNOC Chief Nursing Officers Council ) (http://www.chimeratechnology.com) is pleased to announce the signing of their third gaming licensee, Pan-Caribbean Holdings Inc. As per Chimera protocol, thorough due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. will be performed on the company before the gaming license is ultimately granted. Our thoroughness with respect to new licensees is critical to ensure both their, and Chimera's, continued success. In the coming weeks, Chimera representatives will be working closely with Caribbean Holdings personnel to customize a business model specific to the needs of Pan-Caribbean Holdings. Among other things, a theme and a domain name (URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. ) will be determined for the new site. Chimera President Ken Chua stated, "We are right on track in the new licensees department as we are signing up new licensees at a rate of almost one per month. These new licensees will not only help to establish Chimera as a leader in this industry, but will prove to be great sources of residual revenue for Chimera in the years to come. Simply put, Chimera is meeting its business objectives in the lucrative online gaming See gaming. industry. As a result of our current growth curve, we've recently increased the bandwidth for e-Network in Costa Rica Costa Rica (kŏs`tə rē`kə), officially Republic of Costa Rica, republic (2005 est. pop. 4,016,000), 19,575 sq mi (50,700 sq km), Central America. in order to accommodate the growing number of Chimera licensees." BETVOODOO.COM UPDATE (www.BetVooDoo.com) Chimera staff continues to work diligently on the site of our second licensee, BetVooDoo.com. The site is very near completion and will be launched as soon as the final Web site audit is completed to ensure that everything is working as it should. FINANCIAL AUDIT Chimera is in the process of completing our corporate financial audit, which we anticipate will be filed with all the appropriate authorities in the near future. This press release is available on the company's official online investor relations Investor relations The process by which the corporation communicates with its investors. site for investor commentary, feedback and questions. Investors are asked to visit http://www.agoracom.com and view the "Chimera Technology" Investor Discussion and Contact Forum. Alternatively, investors can e-mail AGORA Investor Relations directly at CNOC@Agoracom.com. About Chimera Technology Corp. (http://www.chimeratechnology.com) Chimera Technology Corp. is a Nevada-based I-gaming software and e-commerce services company competing in the more than $6 billion annual online gaming marketplace, projected to be more than $10 billion by 2004, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Computer Almanac almanac, originally, a calendar with notations of astronomical and other data. Almanacs have been known in simple form almost since the invention of writing, for they served to record religious feasts, seasonal changes, and the like. Industry. The company is an international developer, licensor, and provider of online gaming products, including online bingo Online bingo is the game of bingo (US|UK) played on the Internet. Online bingo is a multi billion dollar business. Unlike balls used in regular bingo halls, online bingo sites use a random number generator. , casino, sports book, and pari-mutuel betting. Chimera Technology Corp. has successfully developed a supreme multi-player online Internet Bingo technology, a second-generation world-class pari-mutuel sports books wagering platform and a full line of online Internet casino games suite. In addition, the company has developed its state-of-the-art "BIRDS EYE
To obtain further information on Chimera Technology Corp., please visit Internet Web sites http://www.chimeratechnology.com and http://www.724Bingo.com. The above statements in regard to Chimera, which are not purely historical, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, including Chimera's beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and are based on information available to the parties as of such date. It is important to note that the actual outcome and the actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties, such as technological, legislative, corporate, financial and marketplace changes. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion